Family Bank Retrenches Hundreds of employees in Restructuring move.
By KELVIN NYONGESA MOMANYI - 2020-05-18 16:57:42 - [General]
Family Bank has started handing its employees redundant letters, pointing out to mass retrenchment mostly attributed to the impacts of corona virus. The bank authority announced in a letter to the staff that most jobs had been declared redundant due to change of operating environment leading to automation. Further, the bank promised to redeploy those affected in the changes, or retrench them in case there was no vacancy for redeployment.
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